So the Real Estate Spring market is upon us and is heading into top gear. A trend that is being noticed by Realtors is the increase in demand for lofts, older style condos and townhomes as home buyers search for the next best alternative to semi detached or detached homes. Older style condos built pre 2000 are larger in size that ones currently under construction. The trend too is ...
According to an article post in the Financial Post, The Bank of Nova Scotia is among lenders boosting loans to condominium developers as regulators become less vocal about housing-market risk. Scotiabank is financing up to as much as 75% of a condo project’s value and others are doing the same That’s up from about 70% in the past, when banks were concerned “there may be a meltdown” and ...